NOT LISTED FOR SALE

Estimated Value: $1,367,000 - $2,115,511

13 Beds
9 Baths
5,416 Sq Ft
$317/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $1,350,000 $249 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,592/month

129 Days on Market

Highlights

  • Balcony
  • Living Room
  • Central Heating and Cooling System
  • California High School Rated A-
  • Laundry Room
  • Back Yard

About This Home

As of September 2020

Amazing, rare opportunity to own 5416 sq ft, 4 unit building constructed in 2005 with central AC & heating, top security system, fire sprinkler system, garage for 8 to 10 cars with automatic garage door. One unit is 4 bedrooms, 2 baths, and the other three units have 3 bedrooms 1.5 baths. All units have washer and dryer hookups, and all tenants pay their own utilities including water. Owner pays trash only. Call me today for more information, this property won't last!

Last Agent to Sell the Property

Sara Quinonez

Stonewood Realty Group, Inc License #01253535 Listed on: 03/22/2020

Last Buyer's Agent

Sara Quinonez

Stonewood Realty Group, Inc License #01253535 Listed on: 03/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,309

Year Built

  • Built in 2005

Lot Details

  • 7,366 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 10 Car Garage

Interior Spaces

  • 5,416 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 348
  • Tax Tract Number 10100
  • Assessor Parcel Number 8031003016

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $516
  • Insurance Expense $1,300
  • Trash Expense $3,076
  • New Taxes Expense $18,750
  • Operating Expense $23,642
  • Gross Income $101,100
  • Net Operating Income $77,458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,309

Year Built

Built in 2005

Lot Details

0

Parking

10

Listing Details

  • Property Attached: No
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 8031003016
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 249.26
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 3076.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 7366.00
  • Lot Size Acres: 0.1691

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Electric Expense: 516.00
  • Gross Income: 101100.00
  • Gross Operating Income: 10100.00
  • Gross Scheduled Income: 101100.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 7366.0000 Square Feet
  • Net Operating Income: 77458.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 23642.00
  • Rent Control: Yes
  • Total Actual Rent: 8425.00
  • Total Expenses: 23642.00

Tax Info

  • New Taxes Expense: 18750.00
  • Tax Census Tract: 5031.05
  • Tax Lot: 348
  • Tax Tract Number: 10100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Kb Buy America Realty Inc
Bought by
Sara Quinonez Family Trust and Quinonez
Current Estimated Value
$1,715,128

Purchase Details

Listed on
Mar 22, 2020
Closed on
Aug 28, 2020
Sold by
Flores Alejandro and Flores Alejandra
Bought by
Kb Buy America Realty Inc
Seller's Agent
Sara Quinonez
Stonewood Realty Group, Inc
Buyer's Agent
Sara Quinonez
Stonewood Realty Group, Inc
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$373,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2017
Closed on
Oct 20, 2017
Sold by
Bartolo Rosemay
Bought by
Flores Alejandro
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Sara Quinonez
Stonewood Realty Group, Inc
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$890,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2017
Closed on
Oct 19, 2017
Sold by
Flores Alejandro
Bought by
Flores Alejandro and Flores Alejandra
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Sara Quinonez
Stonewood Realty Group, Inc
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2012
Sold by
The Estate Of Jack A Werner
Bought by
Bartolo Joseph Tarcision and Bartolo Rosemary

Purchase Details

Closed on
Jul 11, 2012
Sold by
Deflores Dora Zcas
Bought by
Leibovic Barbara and Kizclnik Pnina

Purchase Details

Closed on
Aug 21, 2009
Sold by
Flores Miguel
Bought by
Deflores Dora Zeas

Purchase Details

Closed on
Feb 8, 2007
Sold by
Werner Jack
Bought by
Flores Miguel

Purchase Details

Closed on
Jan 16, 2007
Sold by
M & J Construction
Bought by
Werner Jack

Purchase Details

Closed on
Sep 3, 2003
Sold by
Gough Stephen Wayne
Bought by
Gough Cheryl Stonger

Purchase Details

Closed on
Aug 8, 2003
Sold by
Gough Cheryl Stonger and Stonger Cheryl Ann
Bought by
M & J Construction

Purchase Details

Closed on
Feb 3, 1997
Sold by
Stonger Jerrold E
Bought by
Stonger Cheryl Ann
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sara Quinonez Family Trust -- None Listed On Document
Kb Buy America Realty Inc -- Orange Coast Title
Flores Alejandro $1,350,000 Chicago Title Company
Flores Alejandro -- Accommodation
Flores Alejandro -- Chicago Title Company
Bartolo Joseph Tarcision $825,000 Old Republic Title Company
Leibovic Barbara -- None Available
Deflores Dora Zeas -- None Available
Flores Miguel -- None Available
Werner Jack -- Accommodation
Gough Cheryl Stonger -- North American Title Co
M & J Construction $230,000 North American Title Co
Stonger Cheryl Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kb Buy America Realty Inc $373,000
Previous Owner Flores Alejandro $890,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2020 09/03/20 Sold $1,350,000 -10.0% $249 / Sq Ft
08/17/2020 08/17/20 Price Changed $1,500,000 +11.1% $277 / Sq Ft
08/12/2020 08/12/20 Price Changed $1,350,000 0.0% $249 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
05/23/2020 05/23/20 Off Market $1,350,000 -- --
04/25/2020 04/25/20 For Sale $1,500,000 +11.1% $277 / Sq Ft
04/08/2020 04/08/20 Off Market $1,350,000 -- --
03/22/2020 03/22/20 For Sale $1,500,000 +11.1% $277 / Sq Ft
10/27/2017 10/27/17 Sold $1,350,000 0.0% $249 / Sq Ft View Prior Sale
09/21/2017 09/21/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $1,350,000 -- $249 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,309 $1,550,400 $918,000 $632,400
2024 $18,309 $1,432,630 $859,578 $573,052
2023 $17,402 $1,404,540 $842,724 $561,816
2022 $17,540 $1,377,000 $826,200 $550,800
2021 $17,167 $1,350,000 $810,000 $540,000
2020 $17,776 $1,404,540 $624,240 $780,300
2019 $17,654 $1,377,000 $612,000 $765,000
2018 $17,149 $1,350,000 $600,000 $750,000
2017 $11,686 $875,355 $392,583 $482,772
2016 $11,217 $858,192 $384,886 $473,306
2015 $10,938 $845,302 $379,105 $466,197
2014 $10,834 $828,744 $371,679 $457,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20061762

California Regional Multiple Listing Service (CRMLS)

APN: 8031-003-016